Key stats
About Direxion Daily Junior Gold Miners Index Bull 2X Shares
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Inception date
Oct 3, 2013
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
JNUG provides geared exposure (2x) to the MVIS Global Junior Gold Miners Index–a market-cap-weighted index of global gold mining companies that derive at least 50% of their revenue from gold or silver mining activities. The index caps exposure to silver mining firms at 20% during each quarterly review. The term junior refers to the size of these firms. The small-cap exposure slightly dilutes its exposure to gold relative to our benchmark for gold. Like most leveraged products (including sister fund JDST, which provides -2x exposure to the same index), JNUG's exposure is reset daily. The fund is therefore designed to be used as a tactical trading tool. Investor experience may deviate if shares are held longer than a day. Tradability is paramount for a tactical tool–which a 2x play on gold surely is. Trading costs should be taken into consideration. Effective 4/24/2017, JNUG resumes daily creations. Prior to March 31, 2020, the fund provided 3x exposure to the same index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Cash
Bonds, Cash & Other100.00%
ETF55.24%
Cash44.76%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
JNUG last dividends amounted to 0.82 USD. The quarter before, the issuer paid 0.03 USD in dividends, which shows a 96.04% increase.
JNUG assets under management is 290.28 M USD. It's risen 19.29% over the last month.
JNUG fund flows account for −226.15 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, JNUG pays dividends to its holders with the dividend yield of 1.60%. The last dividend (Apr 1, 2025) amounted to 0.82 USD. The dividends are paid quarterly.
JNUG shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Oct 3, 2013, and its management style is Passive.
JNUG expense ratio is 1.02% meaning you'd have to pay 1.02% of your investment to help manage the fund.
JNUG follows the MVIS Global Junior Gold Miners. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
JNUG invests in funds.
JNUG price has risen by 14.79% over the last month, and its yearly performance shows a 87.09% increase. See more dynamics on JNUG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 35.87% over the last month, showed a 82.32% increase in three-month performance and has increased by 98.32% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 35.87% over the last month, showed a 82.32% increase in three-month performance and has increased by 98.32% in a year.
JNUG trades at a premium (0.34%) meaning the ETF is trading at a higher price than the calculated NAV.